SCE CM (00606) Issues Profit Warning, Expects Interim Profit Attributable to Shareholders to Decline Year-over-Year

Stock News
2025/08/14

SCE CM (00606) announced that compared to the profit attributable to owners of the parent company of approximately RMB 80 million for the six months ended June 30, 2024, the Group expects the profit attributable to owners of the parent company for the six months ending June 30, 2025 to be approximately RMB 30 million to approximately RMB 35 million. The announcement stated that the expected decrease in profit attributable to owners of the parent company is mainly due to the macroeconomic downturn, which has led to: a reduction in value-added service income with higher gross margins; and impairment losses on trade receivables.

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